Canadian Brokerage Fees
Surviscor Canadian Online Brokerage Fees Review
The Cost of Services review explores the various commission structures, both activity-based and trade frequency, offered to DIY investors to perform digital trades and the general costs to manage a self-directed discount brokerage digital-based account.
What we Measure and The Deep Dive that Differentiates.
Cost of Services Review - Experience Categories
The Cost of Services categories explore the various trades by instruments and account fees associated with the typical DIY investing experience, focusing on 10 different and unique profiles for each trade and account fee. The catgeories are:
Equity / Stock Commissions
The category explores over 12,600 equity orders, including over 6300 CDN and 6300 US buy and sell orders, at various price and volume levels. ECN fees are applied where applicable.
ETF Commissions
General Account Fees
Option Commissions
Account Interest
Our Latest Results
| Industry Rank | Brokerage Firm | Peer Score | Strongest Results |
|---|---|---|---|
| 1 | Desjardins Online Brokerage | 83% | Option Commissions |
| 2 | HSBC InvestDirect | 79% | Equity Commissions |
| 3 | CIBC Investor's Edge | 78% | Equity Commissions |
| 4 | National Bank Direct Brokerage | 72% | ETF Commissions |
| 5 | Qtrade Investor | 64% | Equity Commissions |
| 6 | Virtual Brokers | 59% | ETF Commissions |
| 7 | Scotia iTRADE | 58% | Account Interest |
| 8 | TD Direct Investing | 58% | Account Interest |
| 9 | RBC Direct Investing | 57% | Account Interest |
| 10 | BMO InvestorLine | 57% | Account Fees |
| 11 | Questrade | 56% | ETF Commissions |
Brokerage Firms We Review
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Recent Surviscor Press Coverage
BNN Bloomberg:
The Sustainability of $0 Commissions in Canada
BNN Bloomberg's Jon Erlichman and Glenn LaCoste discuss the sustainability of $0 commissions in Canada and why novice investors should be careful.
WATCH the Segment
BNN Bloomberg:
The BEST and WORST Customer Service Firms
BNN Bloomberg's Greg Bonnell and Glenn LaCoste discuss Surviscor's most recent financial services service level rankings and overall concerns for consumers.
WATCH the Segment
BNN Bloomberg:
Analyzing Online Brokerage Fees and US Consolidation
BNN Bloomberg's Greg Bonnell and Surviscor's Glenn LaCoste discuss US brokerage firm consolidation and the possibility of $0 trades into the Canadian market.
WATCH the Segment
BNN Bloomberg:
What does $0 commissions in the U.S. mean for Canadians
BNN Bloomberg's Greg Bonnell and Surviscor's Glenn LaCoste discuss how U.S.-based Charles Schwab's decision to reduce retail commissions to $0 should not affect Canadians in the near future.
WATCH the Segment
BNN Bloomberg:
2019 Surviscor Online Banking Rankings
BNN Bloomberg's Greg Bonnell and Surviscor's Glenn LaCoste discuss which Canadian banking firms are offering the best online banking experience and how Canadian's should ensure they choose the best banking alternative.
WATCH the Segment
BNN Bloomberg:
Your Money Month
Picking the Best Online Broker
BNN Bloomberg's Amber Kanwar and Jon Erlichman and Surviscor's Glenn LaCoste discuss how Investors should approach choosing online brokerage platforms as part of BNN's Your Money Month.
WATCH the Segment